Economics GK Questions Practice Question and Answer

Q:

The ‘break-even point’ is where

164 0

  • 1
    marginal revenue equals marginal cost
    Correct
    Wrong
  • 2
    average revenue equals average cost
    Correct
    Wrong
  • 3
    total revenue equals total cost
    Correct
    Wrong
  • 4
    None of these
    Correct
    Wrong
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Answer : 2. "average revenue equals average cost"

Q:

When marginal utility is zero, the total utility is

182 0

  • 1
    Minimum
    Correct
    Wrong
  • 2
    Increasing
    Correct
    Wrong
  • 3
    Maximum
    Correct
    Wrong
  • 4
    Decreasing
    Correct
    Wrong
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Answer : 3. "Maximum "

Q:

When is the agriculture census done in Rajasthan -

150 0

  • 1
    Every 4 years
    Correct
    Wrong
  • 2
    Every 6 years
    Correct
    Wrong
  • 3
    Every 5 years
    Correct
    Wrong
  • 4
    Every 3 years
    Correct
    Wrong
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Answer : 3. "Every 5 years"

Q:

Central bank of our country is 

258 0

  • 1
    State Bank of India
    Correct
    Wrong
  • 2
    Reserve Bank of India
    Correct
    Wrong
  • 3
    Central Bank of India
    Correct
    Wrong
  • 4
    Bank of Baroda
    Correct
    Wrong
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Answer : 2. "Reserve Bank of India "

Q:

Under which scheme was the first emphasis on industrial development and mining development?

388 0

  • 1
    First Five Year Plan
    Correct
    Wrong
  • 2
    Second Five Year Plan
    Correct
    Wrong
  • 3
    Third Five Year Plan
    Correct
    Wrong
  • 4
    Fourth Five Year Plan
    Correct
    Wrong
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Answer : 3. "Third Five Year Plan"

Q:

Planning Economy has started in Rajasthan

374 0

  • 1
    First Plan
    Correct
    Wrong
  • 2
    Second Plan
    Correct
    Wrong
  • 3
    Third Plan
    Correct
    Wrong
  • 4
    Fifth Plan
    Correct
    Wrong
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Answer : 1. "First Plan"

Q:

The relation of Rajasthan Industrial Development and Planning Corporation (RIICO) is correct.

374 0

  • 1
    Jodhpur- 1980
    Correct
    Wrong
  • 2
    Jaipur- 1981
    Correct
    Wrong
  • 3
    Jodhpur- 1981
    Correct
    Wrong
  • 4
    Jaipur- 1980
    Correct
    Wrong
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Answer : 4. "Jaipur- 1980"

Q:

Which of the following is the financial institution for the industrial development of Rajasthan-

(A) RICO

(B) RAJCO

(C). R. F. C.

(D) R. U. R. A

355 0

  • 1
    (A)(B)(C)
    Correct
    Wrong
  • 2
    (B)(C)(D)
    Correct
    Wrong
  • 3
    (A)(B)(D)
    Correct
    Wrong
  • 4
    (A) (B)(C)(D)
    Correct
    Wrong
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Answer : 4. "(A) (B)(C)(D)"

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